R889,900
Entry Price
12.75%
Gross Rental Yield
2-Bedroom
Apartments
Established. Tenanted. Earning.
Midway between two cities, at the heart of Midrand’s fastest-densifying zone, sits Erand Creek Estate. This well-established residential community is roughly 26km from both the Johannesburg and Pretoria CBDs, with easy access to the Gautrain and its bus network. The estate is directly opposite the iconic Vodacom World, the world’s largest digital telecoms mall, with its 5-star rated events venue. This is a huge drawcard for tenants.
This is a dependable, income-generating property investment that will help create wealth for those who seek more for their futures. Get ahead of the Gauteng growth curve in this high-demand area.
Save up to R155,502
The IGrow Signature discount, rental assist, and bond & transfer fee inclusion deliver a saving no other investor channel can match.
This discount includes
R14,107
5 years of professional rental management at a 20% discount — protecting your income from day one.
R74,400
IGrow Rental Assist provides income support during vacancies — protecting your cash flow while your investment matures.
R66,995
No attorney fees. No transfer duties. What you see on the price tag is what you pay.
R9,200 PM
12.75%
Gross Rental Yield
R1,430
ZERO
A Thriving Community
Erand Creek Estate is a secure, self-contained residential community where tenant demand is not a projection. Five years of proven occupancy means established routines, better tenants, and dependable returns.
- 24-hour security with strict, controlled access
- Prepaid electricity
- Edge Certified complex, saving up to 20% on utility costs
- Swimming pool and clubhouse
- Communal green area with braai facilities
- On-site laundromat
- Overlooks the riverbank and natural green spaces
The Address Does The Letting
World-Class Amenities.
No Extra Cost.
Find Your Unit
- Open-plan kitchen and living area
- 2 wetpoints to fit a dishwasher and washing machine
- Granite countertops with built-in cupboards
- Open balconies with sliding door access to a secure patio
- Private storage facility per unit
- DSTV and fibre ready
- 1 Covered parking bay per unit
The Choice is yours
Choose from 2-bedroom apartments with 1 or 2 bathrooms, finished for comfortable modern living.
Built for Modern Living
Apartment plans
Perfectly optimized for executive singles or high-demand young professionals, offering smart layouts and comprehensive energy-efficient DEFY appliances.
From R889,900 - R899,900
Typical Size:
55m²Projected monthly rental income up to:
R8,600Projected monthly bond repayment (30yr @ 10.50%):
R8,140Est. monthly levy (Excl. Effluent charge):
R1,375Est. monthly property rates:
R750Est. shortfall from:
R1,430Rental Assist up to:
R27,600
From R919,900 - R929,900
Typical Size:
57m²Projected monthly rental income up to:
R8,750Projected monthly bond repayment (30yr @ 10.50%):
R8,415Est. monthly levy (Excl. Effluent charge):
R1,425Est. monthly property rates:
R750Est. shortfall from:
R1,460Rental Assist up to:
R31,200
From R1,039,900 - R1,049,900
Typical Size:
65m²Projected monthly rental income up to:
R9,200Projected monthly bond repayment (30yr @ 10.50%):
R9,512Est. monthly levy (Excl. Effluent charge):
R1,625Est. monthly property rates:
R750Est. shortfall from:
R1,479Rental Assist up to:
R74,400
Solid Tenant Demand,
Not Guesswork.
Midrand is known for top schools, recreation, retail, healthcare, and quality employment opportunities. Stay ahead of the growth curve in an area that offers a deep, self-renewing tenant pool and strong pressure on capital growth.
- Gautrain and Gautrain buses — 4.9km
- N1 & R21 highways — easy access
- Johannesburg CBD — 26km
- Pretoria CBD — 26km
- On main public transport routes
Erand Creek is across the road from Vodacom World- the world’s largest digital telecommunications mall, with it’s 5-star event venue, boasting conference spaces, state-of-the-art theatre, rooftop terrace, and the iconic Vodacom Dome. It is frequently used for business expos and large-scale gatherings.
- Mall of Africa — 7.6km
- Boulders Mall — 4km
- Blue Hills Shopping Centre — 5km
- Robin’s Nest Pre-school — 800m
- Smiley Kids — 1.5km
- Midrand High School — 2.4km
- Noordwyk Primary School — 3.3km
- Curro Midrand Halfway Gardens — 4.1km
- Vodacom, Midrand — 400m
- UBank Limited — 1.3km
- Bytes Technology Group — 1.6km
- Nashua Communications — 1.8km
- Ringpharm Noordwyk Pharmacy — 1.8km
- Lenmed Medical Specialist Suites — 4.8km
- Midrand Medical Centre — 4.9km
- Waterfall Netcare Hospital — 7.9km
A look inside Erand Creek Estate
Files & Financials
DISCLAIMER
Disclaimer: IGrow makes no warranties, whether expressed or implied, regarding the email, contents, accuracy, financial projections, and/or assumptions, nor availability. The User assumes all responsibility and risk for using the information and other material provided. IGrow shall not be liable for any loss, injury, damage, cost, penalty, or claim resulting from using the materials or projections/assumptions, whether direct or indirect. The User indemnifies IGrow and holds it harmless against any and all liability, loss, damage, penalty, cost, or claim of whatsoever nature suffered by any third party concerning any act or omission by the User in relation to the information and the use thereof by the User. Attorney and bond fees for transfer paid by Seller only where the appointed attorney attends transfer. This may exclude buyers using bank facilities. Fees exclude any bank initiation fee, correspondent attorney fees and courier fees, if applicable.
*Rental assist only applicable where buyer signs a rental mandate with IGrow Rentals for the duration of the rental assist offering.
Be Part of Erand Creek's
Visionary Growth From Day One
Our property investment strategists will walk you through everything you need to make a confident decision that fits you personally.
Frequently Asked Questions
This is a cash amount paid directly to you in monthly installments over a set period. No deductions are taken off this amount, and it is paid to you along with your rental income each month. It is intended to help reduce your monthly shortfalls in the first years of your investment.
This is what you have to pay in after your investment expenses until you reach break-even point.
Simply put:
This is the Return on Investment you make before any deductions each month. It is usually expressed as a percentage. ROI is calculated like this:
Gross Rental Yield is a quick way to compare the income potential of different investment properties. It shows how much rental income a property could earn each year compared to the cost of buying it. It doesn’t include expenses.
Bond fees are the cost of registering your bond with your bank or financial services provider. Transfer duty is a tax paid on the transfer of a property to a new owner.
IGrow usually waives bond and transfer fees to make your investment more affordable for you, saving tens of thousands of Rands.
This is how much rent you can expect to earn on your investment property. The amount will vary depending on the unit you choose. For example, ground floor apartments will typically command a higher rent than a 2nd floor apartment.
Rental income variations within a development usually reflect unit size, convenience of access, and special features like private use gardens or a great view.
Rental management by IGrow Rentals includes:
- Tenant vetting and credit checks
- Drawing up lease agreements
- Conducting regular property inspections
- Rent collection and payment to you
- Handling routine maintenance and call-outs from tenants
- Reporting on income and expenses for your tax returns
- Settling disputes and sorting out evictions
- Arranging tenant insurance
This means you are buying a property that already has a tenant living in it.
EDGE (Excellence in Design for Greater Efficiencies) is an internationally recognised green building certification created by the International Finance Corporation (IFC), a member of the World Bank Group.
To earn EDGE certification, a building must achieve at least 20% savings in energy consumption, water usage, and embodied energy in building materials compared to a standard local baseline. These savings are independently verified by a third-party auditor.
Lower ongoing utility costs improve the asset’s yield profile, while the certification itself strengthens marketability and helps differentiate the property in a competitive market. Certified properties can also be eligible for better financing terms, through green finance programs at some banks.